FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) Short Interest Update

FlexShares Morningstar Global Upstream Natural Resources Index Fund (NYSEARCA:GUNR) was the recipient of a large drop in short interest during the month of April. As of April 30th, there was short interest totaling 70,313 shares, a drop of 78.0% from the April 15th total of 320,196 shares. Based on an average daily trading volume, of 569,685 shares, the short-interest ratio is currently 0.1 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Trading of FlexShares Morningstar Global Upstream Natural Resources Index Fund

A number of hedge funds have recently added to or reduced their stakes in the business. Bessemer Group Inc. boosted its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 0.4% in the 1st quarter. Bessemer Group Inc. now owns 193,462 shares of the company’s stock worth $10,672,000 after buying an additional 789 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund by 13.0% in the 1st quarter. Bank of New York Mellon Corp now owns 5,105 shares of the company’s stock worth $282,000 after buying an additional 587 shares during the last quarter. Advisors Preferred LLC acquired a new stake in FlexShares Morningstar Global Upstream Natural Resources Index Fund in the 1st quarter worth about $184,000. IAG Wealth Partners LLC lifted its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 3.6% in the 1st quarter. IAG Wealth Partners LLC now owns 162,865 shares of the company’s stock valued at $8,984,000 after purchasing an additional 5,603 shares in the last quarter. Finally, NBT Bank N A NY lifted its stake in shares of FlexShares Morningstar Global Upstream Natural Resources Index Fund by 1.4% in the 1st quarter. NBT Bank N A NY now owns 926,707 shares of the company’s stock valued at $51,117,000 after purchasing an additional 12,539 shares in the last quarter.

FlexShares Morningstar Global Upstream Natural Resources Index Fund Price Performance

NYSEARCA:GUNR traded up $0.15 during mid-day trading on Wednesday, reaching $55.86. The company’s stock had a trading volume of 285,423 shares, compared to its average volume of 631,372. The company’s fifty day simple moving average is $54.58 and its two-hundred day simple moving average is $50.11. FlexShares Morningstar Global Upstream Natural Resources Index Fund has a twelve month low of $38.53 and a twelve month high of $56.35. The stock has a market cap of $7.63 billion, a P/E ratio of 16.05 and a beta of 0.55.

About FlexShares Morningstar Global Upstream Natural Resources Index Fund

The FlexShares Morningstar Global Upstream Natural Resources Index Fund (GUNR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks an index of global companies that operate, manage or produce natural resources in energy, agriculture, metals, timber or water. GUNR was launched on Sep 16, 2011 and is managed by FlexShares.